Altrius Global Dividend ETF (NASDAQ:DIVD) Sees Large Increase in Short Interest

Altrius Global Dividend ETF (NASDAQ:DIVD) was the target of a significant increase in short interest in the month of October. As of October 30th, there was short interest totaling 4,049 shares, an increase of 1,732.1% from the October 15th total of 221 shares. Based on an average trading volume of 5,077 shares, the short-interest ratio is currently 0.8 days. Approximately 0.7% of the company’s stock are sold short.

Institutional Trading of Altrius Global Dividend ETF

An institutional investor recently bought a new position in Altrius Global Dividend ETF stock. Harbour Investments Inc. acquired a new position in shares of Altrius Global Dividend ETF (NASDAQ:DIVD) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 1,631 shares of the company’s stock, valued at approximately $70,000. Harbour Investments Inc. owned 0.27% of Altrius Global Dividend ETF as of its most recent SEC filing.

Altrius Global Dividend ETF Trading Down 0.7%

Shares of DIVD opened at $45.80 on Wednesday. Altrius Global Dividend ETF has a 12 month low of $36.53 and a 12 month high of $46.76. The firm has a fifty day simple moving average of $44.29 and a 200 day simple moving average of $43.05. The stock has a market capitalization of $27.48 million, a price-to-earnings ratio of 16.92 and a beta of 0.63.

Altrius Global Dividend ETF Increases Dividend

The business also recently announced a monthly dividend, which was paid on Friday, October 30th. Stockholders of record on Wednesday, October 28th were paid a dividend of $0.1037 per share. The ex-dividend date was Wednesday, October 28th. This represents a $1.24 dividend on an annualized basis and a dividend yield of 2.7%. This is a boost from Altrius Global Dividend ETF’s previous monthly dividend of $0.0674.

About Altrius Global Dividend ETF

The Altrius Global Dividend ETF Altrius Global Divid ETF (DIVD) is an exchange-traded fund that mostly invests in high dividend yield equity. The fund is an actively managed fund that invests in higher-than-average dividend-paying companies across different countries. Securities are selected for their positive demographics, attractive valuations, and sustainable dividends. DIVD was launched on Sep 30, 2022 and is managed by Alpha Architect.